Industry

Vietnam Textile & Garment Sector Witnesses Mass Layoffs

Textile Insights June 12, 2023

The Vietnamese textile and garment industry is witnessing mass layoffs in 2023. Between January and May 2023, around 70,000 employees lost their jobs and another 66,600 are working fewer hours. According to the Ministry of Labour, Invalids and Social Affairs, a total of 510,000 employees have

Industry

X-Rite & Pantone Showing 3D Visualisation Solutions At ITMA

Textile Insights June 10, 2023

X-Rite and Pantone are showcasing cutting-edge colour measurement and 3D visualisation solutions that facilitate a sustainable textile workflow at ITMA 2023 in Hall 4, Stall E201. X-Rite is highlighting the benefits of digital colour workflows for textile manufacturers, which will help manufacturers, streamline colour development, create digital material twins, efficiently

Industry

Xdoto Displaying Smart-Connected Factory At ITMA

Textile Insights June 9, 2023

Sri Lanka based and Industry 4.0 solutions provider XdotO Concepts is displaying the Smart-Connected Factory, which is an innovative digital twin that enhances shop floor efficiency at ITMA 2023 in Hall 9, Stall B307. The Smart-Connected Factory is an integrated platform that automates, monitors, analyses and optimises the performance of textile shop floors using

Industry

Klüber Exhibiting Specialty Lubricants At ITMA

Textile Insights June 8, 2023

Klüber Lubrication will exhibit specialty lubricants which can help to significantly improve process efficiency and achieve the sustainability goals of essential processes in textile manufacturing at ITMA 2023 in Hall 2, Stall E202. Klüber Lubrication will display their comprehensive portfolio which covers the entire value chain, from spinning, weaving and knitting to

Industry

Setral Displaying Well-Balanced Needle & Sinker Oils At ITMA

Textile Insights June 6, 2023

Setral a developer and producer of high-performance and special lubricants for industrial applications will be participating at ITMA 2023 and will showcase lubricants for use in various textile machineries in the textile industry. To meet the challenges for needle and sinker oils, Setral is showing the Fluid-Setral-KN … N series. According to the company,

Industry

Maharashtra Unveils New Textile Policy

Textile Insights June 5, 2023

The government of Maharashtra approved a new textile policy, which is aimed at attracting investment of Rs 25,000 crore and thereby boost investment in the state’s textile industry. “According to the policy, there will be an increase in the cotton processing capacity in the state from 30-80% over the next five years and generate new […]

Industry

HKTDC And D&B Hong Kong Join Hands To Help SMEs Enhance ESG Competitiveness

May 29, 2023

The Hong Kong Trade Development Council (HKTDC) and Dun & Bradstreet (HK) Limited (D&B) announced a new partnership to help small and medium-sized enterprises (“SMEs”), start-ups, and micro-, small and medium-sized enterprises (“MSMEs”)  with green transformation by offering a comprehensive range of quality ESG registered services, namely D&B ESG Registered TM.

Industry

Durst Group Installs One of the Biggest Solar Panel Plants in South Tyrol

May 27, 2023

Durst Group, the leading manufacturer of advanced digital printing and production technologies, announced today the installation of a state-of-the-art solar panel plant at its headquarters in Brixen, South Tyrol. This initiative is part of the company’s ongoing sustainability efforts and commitment to reducing its carbon footprint. The new solar panel plant, one of

Industry

Lenzing Offers Locally Produced TENCEL™ Fibers To Chinese Customers For The First Time

April 25, 2023

The Lenzing Group, a world-leading provider of specialty fibers for the textile and nonwoven industries, has successfully completed the conversion of a production line from generic viscose to TENCEL™ branded modal fibers for textiles and clothing. Lenzing is therefore in a position to offer its Chinese customers locally produced TENCEL™ fibers for the first time […]

Industry

International Trade In Rupee Currency Soon: Piyush Goyal

April 22, 2023

Indian traders will soon be able to settle foreign trade in our very own rupee crurren as several bank from different countries are opening special Vostro accounts with Indian banks, said Commerce and Industry Minister Piyush Goyal. The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts (SRVAs) of […]